1/28UNIT 2 - 717950 HIGHWAY 6, Georgian Bluffs
UNIT 2 - 717950 HIGHWAY 6, Georgian Bluffs, ON N4K5N7
$9 per sq ft / yr
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
93%
Lot Size
1844 ac
About this property
Unit 2 is 1,844 square feet on two floors. Situated in a beautifully remodeled 4 unit commercial building on busy Highway 6 in Springmount just west of Owen Sound. Can be combined with Unit 1 for a total of 3,641 square feet. Each unit has 10'x 10' roll-up grade level door at back opening to bay area with 14' clear (16.5') to finished ceiling. All interiors finished. Each unit separately metered with gas furnace and a/c. TMI estimated at $2.50 per square foot. Lease rate increases by $1 per square foot per year over 5 years. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
15.97%
DSCR
1.86
Going-in cap
10.33%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
131,627
Households
45,990
Median income
$115,500
Median age
33.1
Daytime population
144,410
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for UNIT 2 - 717950 HIGHWAY 6, Georgian Bluffs.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.